IMPORTANCE OF EXPORT OPERATIONS IN TÜRKİYE AND CURRENT SITUATION
Exports promote domestic economic growth by generating jobs, output, and income while facilitating international trade. After satisfying the country’s demands, sending goods or services from one nation to another, selling of excess products, goods, clothing, and food to other nations that require to them is called exporting and exporting is also beneficial for us to generate income to our country. Moreover, since export involves trading with other nations, it can also be referred to as foreign trade.
The importance of exporting is; allows you to grow your firm internationally. Increases profitability, market share, sales, and income, creates job opportunities that by the export industry. The level of domestic competition will increase. Communication, interaction and negotiations between the two nations will improve. It is possible to improve the nation’s economic status, and contribute to nation’s economy by generating revenue. We, Türkiye where having some problem about trade deficit aims to increase export. To contribute this aim, Simya International Trade is ready to help domestic producers, companies to promote their goods internationally and increase export volume. Türkiye will help to improve nations’ relationships with Türkiye and will be the mediator during agreements.
So, what is the current export situation in Türkiye is; The top exports in the first five months of 2022 were pasta, hazelnut kernels, and wheat. Additionally, Iraq, Germany, the United States, Russia, and Italy round up the top 5. Among all exports, these 5 nations accounted for 35.1%.